Is Rineyville, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rineyville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Rineyville was a Seller's Market.

Key Takeaway

Rineyville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rineyville, KY

How much do homes in Rineyville, KY cost?

Median Sold Price

$319,950

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$23,750(+8.0%)

Key Takeaway

Homes in Rineyville have sold for 8% more than they did a year ago.

Summary: The median home sold price in Rineyville was $319,950 in November 2024, up 8% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $285K$317.4K
+11.4%
4 $370K$360K
-2.7%
5+ -$300K
N/A

Summary: Rineyville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Vine Grove
+9.2%
Rineyville
+8.0%
Radcliff
+3.9%

Housing Supply in Rineyville, KY

How many homes are available in Rineyville, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1415+7.1%

Summary: The Rineyville real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 910
+11.1%
4 54
-20.0%
5+ 01
+100.0%

Summary: The Rineyville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rineyville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rineyville in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Rineyville, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Rineyville, KY

Nearby Markets to Rineyville, KY

What housing markets are near Rineyville, KY?